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• NAIOP SoCal to Recognize RE Pros Who Represented USA at Past Olympics
4/30/08
In honor of the athletic achievements of many Southern California real estate professionals, NAIOP SoCal will recognize some of the local leaders who have represented the USA in past Olympics at this year’s annual Night at th...
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• Santee Building to Become Quality Controlled After $6.5 Mil Deal
4/30/08
Three recent San Diego-area sales are worth letting you know about. The deals were in Santee, Chula Vista and Lemon Grove.
In the Santee deal, Quality Controlled Manufacturing paid $6.5 mil for a 51k sf ($127/sf) industrial ...
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• Psychology School Doesn’t Mind Older Building in New Downtown LA Lease
4/29/08
In a recent lease for office space in a historic downtown Los Angeles building, the Chicago School of Professional Psychology agreed to take 15.9k sf on the eighth floor at 617 West Seventh St, located on the northeast corner...
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• Pismo Beach Site Offered for Just Over $12 Mil Clams
4/29/08
Here’s news of an interesting listing for a coastal development site in California that we just learned about. The property is a 1.84-acre mixed-use development site in Pismo Beach, located just one block from the beach on th...
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• Dodgers Hit One Out of the Ballpark with Stadium Improvement Plan
4/28/08
In an effort to improve the overall Dodgers game experience and to create a year-round source of revenue from the club’s iconic stadium property, the Los Angeles Dodgers last week announced plans for a multi-faceted improveme...
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• Crossroads No Longer at a Crossroads in Camarillo
4/28/08
Crossroads Community Church leased a 32.9k sf industrial building in Camarillo in an effort to expand its presence in the area. The building is located at 161 Plaza la Vista, south of Ventura Blvd and the 101 Fwy, and will en...
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• At 57k sf in Size, Latest Corona Office Offering is a Mammoth Building
4/28/08
A new 57.2k sf multi-tenant professional building in Corona, near the border of Orange County and the Inland Empire, was just completed and is ready for occupancy. The three-story project, a development of Mammoth Equities LL...
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• Eric Olofson Named Vice Chairman at Cushman & Wakefield
4/28/08
Eric L. Olofson II has been promoted to Vice Chairman at international real estate services firm Cushman & Wakefield. He was previously an Executive Vice President and is based in the firm’s West Los Angeles office. In additi...
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• G&L Realty Gets Medical Attention in $16 Mil San Pedro Sale
4/25/08
A three-building, 68.1k sf medical office complex in San Pedro was acquired by KF Properties last month in a $16 mil ($235/sf) transaction. The property, located at 1360 W. 6th St, across the street from the Little Company of...
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• LA City Dignitaries Sign Private Sector Green Building Plan at Earth Day Party
4/25/08
The City of Los Angeles celebrated Earth Day this past Tuesday by signing into law an aggressive plan that calls for reducing the city’s carbon emissions by at least 80,000 tons by the year 2012, making LA the first major Ame...
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• Pharmaceutical Services Company Makes an Executive Deal
4/25/08
An international pharmaceutical services group recently inked a lease for 10.8k sf of Class A office space in San Diego’s University Town Center area, after agreeing to a 10-year, $4.75 mil ($3.67/sf/mo) deal at Genesee Execu...
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• The Oaks Grows Bigger with 27 New Retailers
4/24/08
The Oaks, one of the most popular retail destinations in the Conejo Valley, is nearing completion on a major renovation/expansion project that includes the addition of 27 new retailers and approximately 130k sf of new space. ...
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• New Carlsbad Medical Office Project Nears Completion
4/24/08
One segment of the real estate industry that continues to grow is medical properties, which are expected to be needed more and more as the Baby Boomer generation moves into its senior years. One such facility nearing completi...
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• Conejo Valley Owner Feeling Flush after Being Dealt Karts in $6 Mil Deal
4/23/08
In a notable Conejo Valley industrial transaction, MB2 Raceway, the indoor kart racing organization, inked a lease for 58.7k sf of space within a larger facility in Thousand Oaks’ master-planned Conejo Spectrum business park....
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• Medical Practitioners Look Forward to Sunrise in Palm Springs
4/23/08
A medical office project planned for Palm Springs is expected to begin construction in summer of 2008, with completion slated for early 2009. The project, Sunrise Medical Offices, will offer almost 20k sf of medical office sp...
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• Dynaroll Gets it Bearings in the Valley with $5.3 Mil Sylmar Buy
4/21/08
Dynaroll Corporation has settled on an additional location in the San Fernando Valley with the recent purchase of a 41.5k sf industrial facility in Sylmar. The company, which was founded in 1988 and has since become one of th...
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• Over 400k Square Feet Try on UGGs for Five years
4/21/08
In a major Ventura County distribution lease from a couple of weeks ago, Deckers Outdoor Corp inked a five-year deal for a 423.1k sf facility located at 3175 Mission Oaks Blvd, east of Lewis Rd and just north of the 101 Fwy i...
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• Downtown San Diego Retail Market Sees Negative Absorption for 1st Time in Eight Years
4/21/08
For the first time since downtown San Diego’s revitalization into a thriving 24/7 urban center began eight years ago, the popular central business district has recorded negative retail absorption. This review of the retail ma...
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• Pair of Recent Deals have National Importance
4/21/08
Here’s the scoop on the latest deals from National City, a town of roughly 55,000 people situated five miles southeast of San Diego. We have two deals to report – an office lease and an industrial sale.
We’ll start with the ...
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• OC Office Rents Continue to Rise
4/18/08
Average asking rents for office space in Orange County continue to rise, despite a slowing economy and a notable jump in vacancy rates in the region following the implosion of the sub-prime market. The average asking full-ser...
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